Price Watch
A daily bulletin about oil and gas
The Futures
Oil and gas prices are more than numbers—they reflect global events, technological advancements, and environmental concerns.
Horizon Energy Digest
Oil drops over 4% as Middle East tensions ebb on diplomatic efforts
Oil prices fell Monday in Asia trading as investors pared geopolitical risk premiums after U.S. President Donald Trump said he had called off a planned strike on Iran. WTI futures for September delivery declined 4.5% to $80.89 per barrel. Brent crude futures for October delivery lost 4.4% to $84.10 a barrel.
Exxon and Chevron’s $26.5 Billion Quarter Draws Trump’s Ire
ExxonMobil and Chevron made a combined $26.5 billion in the second quarter after producing more oil, refining more fuel, and selling all of it into a market scrambled by war. Washington is investigating why gasoline costs so much.
Curious Minds Corner
What is a reservoir rock?
A porous and permeable rock that stores and transmits hydrocarbons.